p2p lending at lending club
Expanding Business

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Listing Information
Amount: $3,500.00 Status: Loan created
Grade: HR DTI: 14%
Lender Rate: 29% Borrower: Jackhammer1961
Time Left: Finished State: NC
Funded: 100% Group: (No Group)
Loan Information
Loan Status: 4+ months late Origination Date: 2007-05-15 EricsCC ROI: -50%
Status History
May 16, 2007 Current
Dec 30, 2007 Late
Jan 16, 2008 1 month late
Feb 16, 2008 2 months late
Mar 17, 2008 3 months late
Apr 16, 2008 4+ months late
Purpose of loan:
(explain what you will be using this loan for) This loan will be used in my business to create  a new marketing campaign 

My financial situation:
(explain why you are a good candidate for paying back this loan) I have a great job and a wonderful home and family. I have taken out and paid back several loans to banks over the last 4 years. My credit went south when I had to have major surgery and could not work for 18 months. I have paid off all outstanding delinquent debt and am looking for ways to build my score back. A tax Lein that was erroneous caused my score to go down 75 points in the last year and I am working with attorneys to get that cleared. I own my home and have lived here for 15 years. This loan will be #1 priority as it will give me more positive feedback to the credit bureaus.

Monthly net income: $ 11,000

Monthly expenses: $
  Housing: $ 2100.00 House payment
  Insurance: $ 300.00
  Car expenses: $ 648.00
  Utilities: $ 200.00
  Phone, cable, internet: $ 200.00
  Food, entertainment: $ 400.00
  Clothing, household expenses $ 500.00
  Credit cards and other loans: $ 500.00
  Other expenses: $
Borrower's Other Listings
133441 Consolidation of Credit Card Debt and Business Start-up HR $9,000 @ 29% May 06, 2007 Withdrawn

 

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